360-degree camera maker Insta360 goes public in China
Insta360, a maker of 360-degree cameras and action cameras, went public in in an initial public offering in China. It’s a company for the age of vloggers. The company started in 2015 with the mission of helping people better capture and share their lives. It expanded worldwide and it is the No. 1 market leader in the U.S. in 360-degree cameras. On the Shanghai Stock Exchange, Insta360 went public at 182 yuan per share, or $25.32 a share. That set the company’s total value at 70 billion yuan, o